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The Cost Competitiveness of Manufacturing in China and India: An Industry and Regional Perspective

van Ark, Bart - 2008

This paper focuses on comparisons of productivity, (unit) labor cost and industrylevel competitiveness for the manufacturing sector of China and India. We first provide a comparison between India and China using a broad international perspective. We find that China has increased its labor...

Persistent link: https://www.econbiz.de/10011807634

Globalization and the sustainability of large current account imbalances: Size matters

Aizenman, Joshua; Sun, Yi - 2007

This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...

Persistent link: https://www.econbiz.de/10010285339

China in the global economy

Sen, Sunanda - 2010

financial rescue packages in many advanced nations. The close integration of China with the world economy over the last two … on China and (2) the second-round effects of a downturn in China for the rest of world. …

Persistent link: https://www.econbiz.de/10010286512

China's exchange rate impasse and the weak U.S. dollar

McKinnon, Ronald; Schnabl, Gunther - 2008

In assessing Alexander Swoboda's great influence on economics, two themes stand out: the determinants of global inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal policies. Although seemingly narrowly focused on China, our...

Persistent link: https://www.econbiz.de/10010304732

Financial flows and international imbalances: The role of catching up by late-industrializing developing countries

Kregel, Jan - 2008

While the traditional approach to the adjustment of international imbalances assumes industrialized countries at a similar level of development and with similar production structures, such imbalances have historically been the result of a process of catching up by late-industrializing developing...

Persistent link: https://www.econbiz.de/10010266490

The US as the "demander of last resort" and its implications on China's current account

Aizenman, Joshua; Jinjarak, Yothin - 2008

This paper evaluates the degree to which current account patterns are explained by the variables suggested by the literature, and reflects on possible future patterns. We start with panel regressions explaining the current account of 69 countries during 1981-2006. We identify an asymmetric...

Persistent link: https://www.econbiz.de/10010285307

China's current account and exchange rate

Cheung, Yin-Wong; Chinn, Menzie; Fujii, Eiji - 2007

predicted by estimates based upon a cross-country sample, when using the 2006 vintage of the World Development Indicators. The …

Persistent link: https://www.econbiz.de/10010285323

The US as the "demander of last resort" and its implications on China's current account

Aizenman, Joshua; Jinjarak, Yothin - 2008

Persistent link: https://www.econbiz.de/10010288160

Shooting for an economic "miracle": German post-war neoliberal thought in China's market reform debate

Weber, Isabella - 2021

This paper develops a comparative and connected history of the debates over transition to a market economy in West-Germany … after World War II and in China during the first decade of reform and opening up under Deng Xiaoping (1978-1988). At both …

Persistent link: https://www.econbiz.de/10012695586

Global imbalances: Is Germany the new China? A skeptical view

Aizenman, Joshua; Sengupta, Rajeswari - 2010

In this paper we evaluate the current account patterns of China and Germany. We point out that China's current account … surplus as a share of global GDP in recent years resembles that of Germany's. Yet, an important difference is that the Euro … block's current account inclusive of Germany, has overall been balanced, whereas emerging Asia's current account inclusive …

Persistent link: https://www.econbiz.de/10010287750